3 common mistakes in lease accounting

FASB’s delay of the effective date of ASC 842 for private companies is a gift to businesses struggling to get the new lease standard right.

3 common mistakes in lease accounting


Trump helped nix electric car tax measure sought by Tesla, GM

The expansion of a tax credit for electric vehicles isn’t likely to appear in a broad deal being negotiated by House and Senate leaders, and backers of the popular tax break say President Donald Trump is to blame.

Trump helped nix electric car tax measure sought by Tesla, GM


Doeren Mayhew acquires Evans & Chastain

The Top 100 Firm is expanding its presence in Houston with the M&A deal.

Doeren Mayhew acquires Evans & Chastain


Better client onboarding: Power of the personal cash flow statement

To get a better handle on your client’s personal cash flow situation, you need to go beyond their business and understand their family financial dynamics.

Better client onboarding: Power of the personal cash flow statement


Taxpayers more likely to use DIY tax software, but less satisfied with results

Taxpayers are more than twice as likely to use DIY tax preparation software as an accountant to do their taxes, but they’re 38 percent less satisfied with the results, according to a new survey.

Taxpayers more likely to use DIY tax software, but less satisfied with results


Updates to ProSeries and Lacerte include more efficient e-filing

Intuit is also offering its own Cloud hosting solution for the desktop tax prep software.

Updates to ProSeries and Lacerte include more efficient e-filing


Citrin Cooperman adds LA entertainment firm

The Top 25 Firm has merged in Mejia & Kaplan, which specializes in serving entertainers and performing artist clients.

Citrin Cooperman adds LA entertainment firm


RISCPA to hold workforce training program in Jan. 2020

The Rhode Island Society of CPAs’ free program will offer local students the opportunity to bolster their soft skills.

RISCPA to hold workforce training program in Jan. 2020


Why the audit — and auditors — need to change

Technology is ready to disrupt this core service of the profession, and that’s going to require a serious response from auditors, according to Alan Anderson of Accountability Plus.

Why the audit — and auditors — need to change


U.S. spending bill to repeal health taxes, extend Ex-Im Bank

Congressional spending bills are expected to permanently repeal the “Cadillac tax” and other taxes funding the Affordable Care Act, raise the tobacco purchasing age to 21, and extend the U.S. Export-Import Bank for seven years, according to a senior House Democratic aide familiar with the talks.

U.S. spending bill to repeal health taxes, extend Ex-Im Bank